FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» STOCK market for beginners
by Asoka Samarakone Today at 11:30 am

» Cheap Politics of Dhammika Perera: Call for Finance Ministers Resignation
by apple Yesterday at 2:27 pm

» දම්මික පෙරේරාට වැඩ වරදී
by ChooBoy Yesterday at 12:34 pm

» Sri Lanka: Tea industry faces multiple setbacks, may shut down
by ChooBoy Yesterday at 6:38 am

» Excerpts from Premier's Speech in the Parliament
by God Father Yesterday at 6:28 am

» Sri Lanka expected to increase rates as inflation soars
by ChooBoy Tue Jul 05, 2022 10:18 pm

» SEC overhauls regulations governing market institutions and market intermediaries
by CHRONICLE™ Tue Jul 05, 2022 9:03 am

» The war in Ukraine is no longer shocking the wheat market
by ResearchMan Mon Jul 04, 2022 12:44 pm

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by cseguide Mon Jul 04, 2022 11:34 am

» Analysis: China casts giant shadow over emerging nations' chase for debt relief
by ChooBoy Mon Jul 04, 2022 7:38 am

» In STOCK MARKET despite all odds, there is always hope. Never ever give in nor give up.
by atuts Sun Jul 03, 2022 2:14 pm

» India raises import tax on gold to support rupee and amid trade deficit
by ResearchMan Sat Jul 02, 2022 2:09 pm

» When will supply chain disruptions ease?
by ResearchMan Sat Jul 02, 2022 9:57 am

» Expolanka to continue its winning streak
by samaritan Fri Jul 01, 2022 4:12 pm

» Govt gets its priorities wrong
by samaritan Fri Jul 01, 2022 10:25 am

» Ambassador assures U.S. support to Sri Lanka to find solutions to economic issues
by samaritan Fri Jul 01, 2022 10:16 am

» IMF-Sri Lanka bailout talks end without a deal
by ChooBoy Fri Jul 01, 2022 9:16 am

» Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch
by CHRONICLE™ Fri Jul 01, 2022 8:11 am

» Sri Lanka needs to do more on debt restructuring before a bailout package is finalised, says IMF
by CHRONICLE™ Fri Jul 01, 2022 8:06 am

» Global COVID cases rise as BA.4 and BA.5 expand
by samaritan Fri Jul 01, 2022 7:04 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » DDFC will hold controling stake after merger with Abans Finance.

DDFC will hold controling stake after merger with Abans Finance.

+3
Sstar
hettdas
Deshadaya
7 posters

Go down  Message [Page 1 of 1]

Deshadaya


Stock Analytic
Stock Analytic

Deshodaya Development Finance Company Ltd. (DDFC)

Deshodaya Development Finance Company Ltd. (DDFC), coming under the Sarvodaya umbrella, is a licensed finance company in the country which obtained the license in 2013. According to reliable sources DDFC has signed a MOU with Abans Finance (AFSL) to merge the two finance companies as per the capital requirement of the Central Bank.

According to sources Book value of DDFC is around 600mn whereas Abans Finance (AFSL) Book Value is less than Rs 500mn. Therefore upon merger DDFC  being the stronger partner, is likely to hold majority shares. This move is likely to benefit Abans Group, and its FMCG business due to the extensive network of Micro Finance customers DDFC possess.

Information about DDFC:
http://www.ddfc.lk

DDFC Annual Report:
http://www.ddfc.lk/downloads/annual_%20report_2013.pdf

Abans Finance Interim Accounts:
http://www.cse.lk/cmt/upload_report_file/1069_1392287820780.pdf



Enlarge this image ..
.

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Any one of your links doesn't say about merging. DDFC also new to the finance industry. It does not have any rating according to my knowledge.

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

according to latest information, Deshodya Finance is looking at George Stewart Finance as the deal with Abans finance is called off.

jonta999

jonta999
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Where is the source shark and Sstar...Isn't this insider trading...Forum ethics gone to dogs...Behave urself before pointing fingers to others  Mad Mad 

jonta999

jonta999
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

How do you know about these stories without getting from an insider. Now don't say bullshit that this news is already spread in the market

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

jonta999 wrote:Where is the source shark and Sstar...Isn't this insider trading...Forum ethics gone to dogs...Behave urself before pointing fingers to others  Mad Mad 

These are not information obtained through Private Messages. What ever that we know, we post openly. We don't encourage information being shared privately. So I am sure you know where the dogs are?

jonta999

jonta999
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Mad dogs running the forum now

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics

Sstar wrote:
jonta999 wrote:Where is the source shark and Sstar...Isn't this insider trading...Forum ethics gone to dogs...Behave urself before pointing fingers to others  Mad Mad 

These are not information obtained through Private Messages. What ever that we know, we post openly. We don't encourage information being shared privately. So I am sure you know where the dogs are?

I am sure if someone could open Slstocks past Private Messages, then there will be enough proof for authorities to charge him. But as a responsible forum we do not share our information with any third parties unless there is a formal request from the respective authorities.

jonta999

jonta999
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

You are not getting my point dear..I'm concern about this thread about DDFC..You are answering like "Koheda yanne malle pol" ne...

I asked from you that isn't this insider trading info? Show your brain to a doctor

Meman


Manager - Equity Analytics
Manager - Equity Analytics

jonta999 wrote:You are not getting my point dear..I'm concern about this thread about DDFC..You are answering like "Koheda yanne malle pol" ne...

I asked from you that isn't this insider trading info? Show  your brain to a doctor

I agree with Jonta 100%. Sstar should be reported to SEC for giving insider information or spreading rumours. Foot in the mouth again.

jonta999

jonta999
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Yeah these mods are having a Montessori child attitude...They can't figure out what we are saying...How pathetic...We have to spoon feed them one by one

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Sstar wrote:according to latest information, Deshodya Finance is looking at George Stewart Finance as the deal with Abans finance is called off.

Thanks Sstar

SHARK aka TAH

SHARK aka TAH
Expert
Expert

jonta999 wrote:Where is the source shark and Sstar...Isn't this insider trading...Forum ethics gone to dogs...Behave urself before pointing fingers to others  Mad Mad 

Dear Jonta999

Please check the Disclosure in CSE

Aubrey Perera


Vice President - Equity Analytics
Vice President - Equity Analytics

Deshodaya , GFS and Capital trust CSE announcement.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum